SONGWON, which was founded in 1965 and is headquartered in Ulsan, South Korea, is a leader in the development, production and supply of specialty chemicals. The second largest manufacturer of polymer stabilizers worldwide, the SONGWON Industrial Group operates companies all over the world, offering the combined benefits of a global framework and readily accessible local organizations. Dedicated experts work closely together with customers to develop tailor-made solutions that meet individual requirements.
For further information, please go to: www.songwon.com.Songwon Industrial Co., Ltd.
+41 52 635 0000
5 Mar 2020
SONGWON Industrial Group (www.songwon.com) today reported its financial results for FY 2019. SONGWON’s overall consolidated sales revenues for FY 2019 amounting to 814,340 Mil. KRW which marks a 3.2% increase compared to the consolidated sales for FY 2018 (788,738). After continuing to concentrate on its core business throughout the year, the result achieved in FY 2019 was SONGWON’s highest sales result since the company was founded.
19 Dec 2019
As announced at the European Coatings Show (ECS) this year, SONGWON is further developing and expanding its range of bisphenol (BP) monomers and dicyclopentadiene (DCPD) phenol resins. High-purity BP-Z crystalline bisphenol and tetramethyl (modified) bisphenol (TMBP) are now being produced on an industrial scale, while the dicyclopentadiene epoxy resin modifier range ERM-6100, introduced at the ECS, is already well established in the market and being used, for example, in specialty resins in Asia.
17 Dec 2019
SONGWON Industrial Co., Ltd. (www.songwon.com) today reported some of its successful in-house sustainability efforts relating to both energy conservation and efficiency, and emphasized its commitment to the environment across the organization.
19 Nov 2019
Songwon Industrial Co., Ltd., the second largest manufacturer of polymer stabilizers in the world and a key global player in the polyvinyl chloride (PVC) stabilizer industry since 1965, has entered into a strategic co-operation agreement with JiangSu Uniwel Chemistry Co., Ltd., effective as of July 2019, to meet the ever-increasing need for PVC stabilizers. Both SONGWON and Uniwel will develop and manufacture the products, which will be sold under the companies’ respective brand names.
14 Nov 2019
SONGWON Industrial Group (www.songwon.com) today released its financial results for the third quarter of 2019. In Q3/2019, the Group achieved sales of 208,388 Mil. KRW marking a 1.9% increase in revenue over sales recorded in the same quarter of the previous year (204,403 Mil. KRW), however, the Group reported a decline in its gross profit margin in Q3 to 19,7%. Comparing the YTD September 2018 consolidated sales (592,716 Mil. KRW), SONGWON saw a 4.1% increase in its YTD September 2019 consolidated sales (617,272 Mil. KRW) and a decrease in net profit of 12% (28,905 Mil. KRW).
12 Nov 2019
SONGWON Industrial Group (www.songwon.com), the 2nd largest manufacturer of polymer stabilizers in the world, highlights the strengthening of its commitment to the coatings industry. With the start-up of its Technical Service Coating Lab at its world-class manufacturing facility, Maeam in South Korea, SONGWON now has all the necessary devices, tools and stations for both powder and liquid coating applications. Located next to SONGWON’s R&D headquarters and Global Application Community, means that the organization can take advantage of the innovation synergy. With several newly added weathering devices, SONGWON is fully equipped to support customers develop and find solutions to formulation issues relating to UV and temperature stabilization, as well as UV curing.
18 Oct 2019
Songwon Industrial Co., Ltd., the 2nd largest manufacturer of polymer stabilizers in the world and a key global specialty chemicals player will be showcasing its sustainable solutions and highlighting its focus on sustainability and positioning as an enabler of circularity during K2019.
16 Oct 2019
Songwon Industrial Co., Ltd., the 2nd largest manufacturer of polymer stabilizers in the world and a key global specialty chemicals player will be showcasing its broad portfolio of high-performance solutions and launching its new range of flame-retardants. The industry leader will also be underlining its commitment to its strategy of creating value and contributing to advancement in the plastics industry.
2 Oct 2019
Songwon Industrial Co., Ltd., the 2nd largest manufacturer of polymer stabilizers in the world and a key global specialty chemicals player will be highlighting the success of its corporate strategy and its innovation strength when it launches an entire new family of flame-retardant synergists at K 2019.
16 Sep 2019
SONGWON signs exclusive agreement for distribution of antioxidants for fuels and lubricant additives in ASEAN
Megachem, a leading worldwide distributor, will be responsible for supplying SONGWON antioxidants for fuels and lubricants in countries belonging to the Association of Southeast Asian Nations (ASEAN).
10 Sep 2019
The Board of Directors of SONGWON Industrial Group announced today, with deep sadness, the unexpected death of the company’s CEO, Maurizio Butti on Saturday, September 7th, 2019.
14 Aug 2019
Today, SONGWON Industrial Group (www.songwon.com) released its financial results for the second quarter of 2019. The Group reported consolidated sales of 218,467 Mil. KRW, marking a 10.4% increase and also an increased net profit margin of 5.9% for Q2. For the first half of the year, the Group realized consolidated sales of 408,884 Mil. KRW, which is a 5.3% increase, compared to the first six months of